Ever had a BIG SETBACK in your investing objectives?  Yesterday, I had one, and I’d like to tell you about it so we can all learn together.  This one is expensive, folks… and will be good for you to know.  I’m Bryan Ellis.  This is Episode 158.----Hello, SDI Nation!  Welcome to the podcast of record for savvy self-directed investors like you.Folks, I’m guilty of something that I’d like to confess.  It’s not really a sin or a moral failing, but something that I need to correct nonetheless.This show… which I LOVE doing… I mean I truly LOVE it… every episode is like a dream fulfilled for me, well… I’ve not been as fully authentic with you as I want.  That’s not to say I’ve been deceptive… that’s far from the truth.  In fact, I pride myself on offering you brutal honesty.  And that must come through, given then really nice review that Dave the Cop left for this show on iTunes where he said “Bryan’s program and information is refreshing!  His honesty and integrity come through.”Dave, I really… REALLY appreciate that very much.But where the authenticity issue comes into play is this:  I’ve been providing information to you – good information, relevant information, actionable information – and been doing it in a highly scripted manner.  Every morning, I write this show – word for word – and then I record it.  I try my best to make every single word perfect, every pause meaningful and every topic timely and relevant.And I think, based on the way you folks have responded, that I’ve done pretty well… and I thank you for your kind feedback.And here’s the thing:I’m a true self-directed investor.  Like, at my core, that’s what I am.  I LOVE this stuff.  I love it!  The reason I do this show is because this is what I think about all day long every single day.  I think about investment opportunities, I think about legal constructs, I think about ways to help people grow their portfolios.  This is really who I am.  This is me at my core, and I LOVE this stuff.But you know… my existence as a self-directed investor is NOT well scripted.  It’s pretty chaotic sometimes.  Sometimes – like yesterday – big fires appear out of nowhere that must be faced and put down.  And frankly, up to this point in the show, I’d never consider sharing that kind of stuff with you.  Even though I’ve never really admitted it to myself until now, the truth is that I hoped you folks would see me as some sort of exalted aspirational figure with all of the answers… as the wise man at the top of the mountain, so to speak.And I still aspire to that.  But from now on, I’m going to be more transparent with you about what’s happening here with Self Directed Investor Society on a day-to-day basis.  Not because you care about my business, but because, at the core, remember this:  You and I are the same.  The exact same.  The reason I do this show is to advance my own self-directed investment objectives by way of providing value to my listeners.  That’s 100% of my motivation, and nothing else.  So, you and I are the same… and hopefully my experiences can benefit you.So the big lesson from yesterday:  Securities law.  Let me set the stage for you:Like I said, the entire reason I do this show is to advance my own self-directed investment objectives by way of providing great opportunities to my clients.  We’ve got a deal going on right now whereby we’re taking on new clients for a turnkey flipping program in Stockton California.  Frankly, the response has been overwhelming.  We’re having an event out in Stockton in early December, and within 3 days of opening that offer, it was full.  If you want to learn more about it for the next round, you can check it out at SDIRadio.com/stockton.  But bottom line… the response has been amazing.Now, understand that I’m not making a pitch to you right now for the offer at SDIRadio.com/stockton.  I’m just giving you some context.  So the way that deal works is that our clients put up some capital, which my team then uses to purchase a property, re